Fact sheet: L&G Ethical Trust

Fund information
Fund name
L&G Ethical Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • LGIM Index Fund Management Teamsince 29/09/2013
Fund objective
The objective of this fund is to provide growth by investing in a portfolio of companies whose business meets a range of ethical and environmental guidelines. (You can find details of these guidelines in the fund's Prospectus or in The Legal & General Ethical Trust - Who's in and Who's out document.)The fund will invest almost entirely in shares of all such companies in the FTSE 350 Index. The Index consists of shares of the 350 largest UK companies.The amount of shares held from each company will be in proportion to the company's size. However, no one company can make up more than one tenth of the fund's value.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • EIRIS Filtered FTSE 350 Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
-1%
1 Year rank in sector
258/277
Sector
UT UK All Companies
Yield
2.8%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.31%
Fund size
£317m (£298m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
92
Bid price
93.68
Offer price
94.21
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry47.8%
UBS UK Opportunities27.7%
Schroder Recovery27.5%
Charity Equity25.8%
Schroder Specialist Value UK Equ25.3%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK90.3%
    Europe ex UK4.6%
    Not Specified4.4%
    Money Market0.7%
    North America0.1%
  • Financials29%
    Consumer Services17.2%
    Industrials15.1%
    Telecommunications11.4%
    Health Care8.3%
  • UK Equities90.3%
    Europe ex UK Equities4.6%
    Property4.4%
    Cash & Cash Equivalents0.7%
    North American Equities0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%-2.6%0.8%-1%16.2%70.1%
Sector2%0.3%7.4%7.6%16.2%60%
Rank within sector187 / 285238 / 283255 / 281258 / 277165 / 26399 / 251
Quartile3rd4th4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-0.8%9.3%2.6%30.9%18.5%
Sector7.5%3.7%0.6%25.7%14.8%
Rank within sector256 / 27865 / 26969 / 26474 / 25777 / 251
Quartile4th1st2nd2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.26
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.21
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.07
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
11.94
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.71
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.11
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.93
Price movement
52 week high98.22
52 week low81.66
Current bid price93.68
Current offer price94.21
Current mid price-
Region
1UK90.25%
2Europe ex UK4.57%
3Not Specified4.4%
4Money Market0.68%
5North America0.1%
Industry sector
1Financials29.03%
2Consumer Services17.17%
3Industrials15.1%
4Telecommunications11.42%
5Health Care8.34%
6Utilities6.84%
7Consumer Goods4.71%
8Basic Materials4.15%
9Technology2.01%
Asset type
1UK Equities90.25%
2Europe ex UK Equities4.57%
3Property4.4%
4Cash & Cash Equivalents0.68%
5North American Equities0.1%
Individual holdings
1VODAFONE GROUP7.1%
2SHIRE PLC4.99%
3NATIONAL GRID4.78%
4LLOYDS BANKING GROUP PLC4.37%
5PRUDENTIAL PLC4.09%
6BT GROUP3.73%
7CRH PLC2.6%
8AVIVA PLC2.12%
9Tesco Plc2.03%
Management
Fund manager group
Legal & General UT Mgr
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund objective
The objective of this fund is to provide growth by investing in a portfolio of companies whose business meets a range of ethical and environmental guidelines. (You can find details of these guidelines in the fund's Prospectus or in The Legal & General Ethical Trust - Who's in and Who's out document.)The fund will invest almost entirely in shares of all such companies in the FTSE 350 Index. The Index consists of shares of the 350 largest UK companies.The amount of shares held from each company will be in proportion to the company's size. However, no one company can make up more than one tenth of the fund's value.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • EIRIS Filtered FTSE 350 Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
LGIM Index Fund Management Team29/09/2013The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Ethical Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price88.89
Offer price89.4
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5YU
L&G Ethical Trust F Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price60.72
Offer price61.06
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5YV
L&G Ethical Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price93.68
Offer price94.21
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLS85
L&G Ethical Trust I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price60.36
Offer price60.7
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLS84
L&G Ethical Trust L Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN0DF
L&G Ethical Trust R Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price85.95
Offer price86.44
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLD06
L&G Ethical Trust R Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price60.17
Offer price60.51
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLC17
Data provided by

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